Yangzijiang Shipbuilding appoints new executive chairman
Ren Letian will succeed his father Ren Yuanlin.
Yangzijiang Shipbuilding's (YZJ Shipbuilding) executive chairman Ren Yuanlin has stepped down to pursue other career opportunities, according to an announcement. His designation will be filled by his son and YZJ Shipbuilding’s CEO Ren Letian.
The shipbuilding company has also announced the appointment of deputy general manager Song Shu Ming as an executive director and Toe Teow Heng as an independent non-executive director.
Ren Yuanlin holds a 21.69% stake in the company, comprising 0.08% of direct interest and 21.61% of indirect interest through Yangzi International Holdings Limited.